RL · 10-Q · 2026Q2 · Full report

Supplier Finance Program

RALPH LAUREN CORP · 2026-08-06 · Importance 63 · Surprise 64 · From source text

Outstanding obligations under the voluntary supplier finance program increased $96.3 million, or 56.0%, to $268.4 million as of June 27, 2026, from $172.1 million at March 28, 2026. The program allows inventory suppliers to sell receivables generally subject to 90-day payment terms to a participating financial institution for earlier discounted payment. Supplier participation does not change Ralph Lauren’s payment terms or amounts due. The obligations were recorded in accounts payable, and the company had pledged no assets and provided no guarantees.

Key facts

• Payment obligations outstanding under the supplier finance program were $268.4 million as of June 27, 2026 and $172.1 million as of March 28, 2026, recorded within accounts payable. source
• The supplier finance program generally covers receivables due from the company that have 90-day payment terms. source

Impact estimates